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Trump continues to takes losses as President

Posted on 5/14/19 at 9:33 am
Posted by Jjdoc
Cali
Member since Mar 2016
53503 posts
Posted on 5/14/19 at 9:33 am
1- Takes no salary

2- Lost billions due to the left attacks on his business investments

Now today we learn that Trump tower is down and it's due to what the left has done.

quote:

President Trump's longtime home, former campaign headquarters, and signature property sporting his name — has become one of the least desirable luxury buildings in New York City since he took office. Those putting their Trump Tower condos on the market have sold for less than they bought it, with several selling at more than a 20% loss when adjusted for inflation, Bloomberg reported. Comparatively, 0.23% of homes in Manhattan have sold for a loss in the last two years.



LINK
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67508 posts
Posted on 5/14/19 at 9:35 am to
nb4muhtaxreturns
Posted by wookalar1013
up ta camp
Member since Jun 2017
2006 posts
Posted on 5/14/19 at 9:35 am to
lulz
Posted by Vecchio Cane
Ivory Tower
Member since Jul 2016
17837 posts
Posted on 5/14/19 at 9:37 am to
I guess if we're going to give President Trump credit when he sacrifices for the country, then we need to acknowledge the lefties doing the same (but who knows why they're sacrificing. Definitely not for the US of A) These idiots are cutting off their own noses just to stick it to Donald Trump
Posted by Clyde Tipton
Planet Earth
Member since Dec 2007
38799 posts
Posted on 5/14/19 at 9:37 am to
quote:

Those putting their Trump Tower condos on the market have sold for less than they bought it, with several selling at more than a 20% loss


You know the Trump organization is probably snatching these up as fast as they can to flip them again and make a profit. The loss is on the virtue signaling doofus that decided to sell.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74354 posts
Posted on 5/14/19 at 9:37 am to
quote:

Those putting their Trump Tower condos on the market have sold for less than they bought it, with several selling at more than a 20% loss when adjusted for inflation


So they are so filled with TDs they choose to sell at a 20% loss. Sounds like a prog liberal idea to me
Posted by pjab
Member since Mar 2016
5649 posts
Posted on 5/14/19 at 9:38 am to
This might be due to the constant protest outside and overhaul hassle of living there.
Posted by TOSOV
Member since Jan 2016
8922 posts
Posted on 5/14/19 at 9:43 am to
Good reporter would confirm why they are being sold at a loss

Is it Trump haters willing to loss money...which is a positive for Trumps troll

Or

Is it that they are moving out of the city asap due to the mayor, and situation. Has the area got worse? Etc etc.

I doubt Trump loses sleep over it.
Posted by ToesOnTheNose213
The present
Member since Oct 2007
2028 posts
Posted on 5/14/19 at 9:50 am to
quote:

Trump will personally tell the world tonight why he claimed EP And he will start the process of naming names.


It

Is

Time
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51839 posts
Posted on 5/14/19 at 9:54 am to
The moment this story hit people started looking at buying those condos. Guaranteed.
Posted by Rex Feral
Athens
Member since Jan 2014
11446 posts
Posted on 5/14/19 at 10:03 am to
quote:

with several selling at more than a 20% loss

Looks like it's a good time to buy some condos in NY. Who's in?
Posted by Ag Zwin
Member since Mar 2016
20026 posts
Posted on 5/14/19 at 10:13 am to
Boy, they are really sticking it to him.

What he SHOULD have done was just sell all the units up front and then let the owners worry about the price of their particular condo. It’s crazy that he’s being hammered by these prices in the aftermarket.

Oh, wait...
Posted by Statestreet
Gueydan
Member since Sep 2008
12964 posts
Posted on 5/14/19 at 10:19 am to
Buying opp
Posted by coonasswhodat
Gonzales, Louisiana
Member since Dec 2013
4112 posts
Posted on 5/14/19 at 10:32 am to
The golf cart rentals to Secret Service agents is picking up the slack.
Posted by Langland
Trumplandia
Member since Apr 2014
15382 posts
Posted on 5/14/19 at 10:57 am to
At this rate he'll be broke in 400 years.
Posted by TBoy
Kalamazoo
Member since Dec 2007
23847 posts
Posted on 5/14/19 at 11:02 am to
quote:

Lost billions due to the left attacks on his business investments


Really?
Posted by FelicianaTigerfan
Comanche County
Member since Aug 2009
26059 posts
Posted on 5/14/19 at 11:04 am to
Guess that's one thing we have in common. I too take a lot of losses
Posted by nitwit
Member since Oct 2007
12267 posts
Posted on 5/14/19 at 11:06 am to
He has been losing money hand over fist for decades...
Posted by Geaux-2-L-O-Miss
Between Your Ears
Member since Aug 2005
3430 posts
Posted on 5/14/19 at 11:10 am to
quote:

with several selling at more than a 20% loss when adjusted for inflation,


So it is very possible that these sellers are getting more than they actually paid but not once the value is adjusted for inflation. What percentage of inflation was used? How long did these people own their condo? This is just another sad hit piece with a qualifier statement that gets overlooked.
Posted by cwill
Member since Jan 2005
54753 posts
Posted on 5/14/19 at 11:46 am to
quote:

President Trump's longtime home, former campaign headquarters, and signature property sporting his name — has become one of the least desirable luxury buildings in New York City since he took office. Those putting their Trump Tower condos on the market have sold for less than they bought it, with several selling at more than a 20% loss when adjusted for inflation, Bloomberg reported. Comparatively, 0.23% of homes in Manhattan have sold for a loss in the last two years.


Are you claiming that people in NYC not wanting to live in Trump Tower is a left attack on his business investment?
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